Please note: information about the use of the limit goes into your credit history. Even short-term delays can spoil it. In addition, some banks are wary of mass issuance - they do not directly state how many cards a client can have in different organizations, but according to internal regulations, they can refuse to issue, for example, a mortgage to an applicant with many "credit cards".
What problems does a large number of cards lead to?
It all depends on their type, as well as the terms of the agreement and the procedure for using payment instruments. The main problem with a large number of "debit cards" in paid service is that even if banks offer options that make it free, the account owner may simply not have enough money to fulfill the basic conditions.
confusion with balance sheet, current operations;
the cost of additional services and facilities has increased several times;
the inability to use the card on the best terms saudi arabia mobile database provided for regular customers with high spending;
the need to install a lot of banking applications;
vulnerability to fraud - you may find it difficult to track transactions across multiple accounts.
How many bank cards can you keep, given all of the above? Focus on your situation. If you see real profit from using a lot of similar payment instruments, it’s worth continuing. But much more often, their abundance only leads to confusion, late monthly payments, and other problems.
How many bank cards should one person have?
In most cases, a debit card becomes especially profitable with constant use. Banks can set relevant conditions for free service, increased cashback, and additional bonuses. Therefore, it is especially important to use one "debit card", especially if you have average monthly expenses. Ideally, it is better to stop at a maximum of 1-2 payment instruments.
A credit card is an even more serious story. In an ideal scenario, there should be only one. Then the limit can grow faster, and bonuses can be accrued in a larger amount. In addition, the risk of getting confused, missing another mandatory payment tends to zero. Experts recommend using one "credit card". And to make it as profitable as possible, it is worth comparing the terms of banks, choosing the best ones, optimizing expenses with an eye on bonuses.